Marshall County May Lower Property Taxes Thanks to Marcellus
Marshall County is one of the most drilled, and most pipelined, counties in West Virginia. The Marcellus/Utica industry has been good to Marshall County. Really good–in both jobs and tax revenue. In fact, you are not going to believe this (we had to read it a few times)…but the County Assessor in Marshall, the guy who calculates what your property is worth for taxpaying purposes, is trying to convince Marshall County Board of Education members to LOWER property tax rates. Why? Because frankly, they have more money coming in than they can use. The county will realize $712 million in new tax revenue this year–and of that, 72% (or $513 million) will go to Marshall County schools. Incredible! When was the last time you heard of property taxes going down? The question is, what will the board follow the assessor’s recommendation?…
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Three weeks ago MDN reported a Buffalo, NY-based company had successfully gotten all necessary permits to move forward with building a $615 million, 549 megawatt electrical generating plant near Moundsville, WV that will be powered by Marcellus Shale gas (see
Day two, and the concluding day at the Hart Energy Marcellus-Utica Midstream Conference in Pittsburgh, proved as interesting as the first day (for a day one recap, see